{"id":1614,"date":"2022-02-01T09:55:16","date_gmt":"2022-02-01T08:55:16","guid":{"rendered":"https:\/\/ic-campus.com\/acquisition-hamburg-wendenquartier\/"},"modified":"2023-06-20T17:42:14","modified_gmt":"2023-06-20T15:42:14","slug":"acquisition-hamburg-wendenquartier","status":"publish","type":"post","link":"https:\/\/ic-campus.com\/en\/acquisition-hamburg-wendenquartier\/","title":{"rendered":"Acquisition in Hamburg"},"content":{"rendered":"<p><\/p><h3>International Campus Acquires Wendenquartier Scheme in Hamburg providing for circa 700 Apartments <\/h3>\n<p>\u200d<\/p>\n<ul>\n<li>Ground-up develo\u00adp\u00adment for brands THE FIZZ and HVNS in Hammer\u00adbrook, a central district of Hamburg<\/li>\n<li>476 beds for students, 329 beds for urban profes\u00adsio\u00adnals, more than 800 bicycle parking spaces and a dedicated under\u00adground car park<\/li>\n<li>Comple\u00adtion and opening of the LEED Gold certi\u00adfied apart\u00adment scheme is scheduled for 2024<\/li>\n<li>The develo\u00adp\u00adment was sold by Grund\u00adkontor Projekt GmbH (Unter\u00adf\u00f6h\u00adring near Munich), who is also respon\u00adsible for the construc\u00adtion<\/li>\n<\/ul>\n<p>\u200d<\/p>\n<p>Inter\u00adna\u00adtional Campus Group (IC), a leading developer and operator of student and urban living concepts in Europe, has signed a purchase and sale agree\u00adment for a planned apart\u00adment scheme to be developed on Wenden\u00adstrasse in Hamburg\u2019s Hammer\u00adbrook district. It was sold by Grund\u00adkontor Projekt GmbH, a company based in Unter\u00adf\u00f6h\u00adring near Munich (with the parties agreeing not to disclose the purchase price). The apart\u00adment scheme, with its recog\u00adnisable brick fa\u00e7ade, will consist of two separate parts of around 24,000 sqm GFA with separate entran\u00adce\u00adways, and will be split between the brands THE FIZZ and HVNS. The over-all scheme will provide for about 700 apart\u00adments (with 476 beds for students and 329 beds for working profes\u00adsio\u00adnals) as well as exten\u00adsive commu\u00adnity areas inclu\u00adding three rooftop terraces, more than 800 bicycle parking spaces and a dedicated under\u00adground car park. In addition, about 2,000 square metres on the ground floor are to be earmarked for commer\u00adcial rental units that are to be let to a bistro and gym, among others.<\/p>\n<p>\u200d<\/p>\n<p>\u201cWenden\u00adquar\u00adtier in Hamburg will be IC\u2019s second major location in the port city after Strese\u00admann\u00adquar\u00adtier. Here, as there, we will split the building between our two brands, THE FIZZ and HVNS,\u201d said Michael Stapf, Chief Invest\u00adment Officer of IC. The site is conve\u00adni\u00adently acces\u00adsible, centrally located, and has excel\u00adlent public trans\u00adport links. Hammer\u00adbrook is part of Hamburg\u2019s central borough of Hamburg Mitte. \u201cFrom Wenden\u00adstrasse, it\u2019s a walk of mere minutes to the Deich\u00adtor\u00adhallen art centre and the Elbphil\u00adhar\u00admonie concert hall. The fact that we were able to secure this large-scale project with roughly 800 beds\u2014one of the biggest deals in this segment anywhere in 2021\u2014at such an exciting location via a forward deal illus\u00adtrates our exper\u00adtise and our expan\u00adsion strategy,\u201d Stapf said.<\/p>\n<p>\u200d<\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-fullwidth\" style=\"max-width:3840px\" data-rt-type=\"image\" data-rt-align=\"fullwidth\" data-rt-max-width=\"3840px\">\n<div><img decoding=\"async\" src=\"https:\/\/ic-campus.com\/wp-content\/uploads\/2023\/02\/61f8019b988bb36d3b6d348f_hvns-wendenquartier.jpg\" loading=\"lazy\"><\/div><figcaption>HVNS and THE&nbsp;FIZZ&nbsp;in the Wenden quarter of Hamburg \u00a9 Grund\u00adkontor<\/figcaption><\/figure>\n<p>\u200d<\/p>\n<p>\u201cIn Inter\u00adna\u00adtional Campus, we have found an accom\u00adplished partner for our Hamburg Wenden\u00adquar\u00adtier scheme who is also familiar with large-volume project develo\u00adp\u00adments,\u201d says Romeo Uhlmann, managing director and owner of Grund\u00adkontor Projekt GmbH. \u201cWe have many years of experi\u00adence with student housing and urban living concepts and know how important attrac\u00adtive property brands and profes\u00adsional opera\u00adtion are. We are there\u00adfore very pleased to join Inter\u00adna\u00adtional Campus in the develo\u00adp\u00adment and reali\u00adsa\u00adtion of this special project at such an early stage.\u201d<\/p>\n<p>\u200d<\/p>\n<p> \u201cThe original office building from the 1970s that occupied the site on Wenden\u00adstrasse has been demolished and we are now moving ahead with the founda\u00adtion works and intend to have the scheme completed and open for occup\u00adancy by 2024,\u201d added Rainer Nonnen\u00adg\u00e4sser, Execu\u00adtive Chairman of Inter\u00adna\u00adtional Campus Group. \u201cThe district of Hammer\u00adbrook is under\u00adgoing a trans\u00adfor\u00adma\u00adtion, as it is moving away from its obsolete basic business units and toward a mixed-use area. With its Wenden\u00adquar\u00adtier develo\u00adp\u00adment, which will be LEED Gold certi\u00adfied, Inter\u00adna\u00adtional Campus will play an active part in this trans\u00adfor\u00adma\u00adtion, creating urgently needed residen\u00adtial accom\u00admo\u00adda\u00adtion for students and working profes\u00adsio\u00adnals of all ages. We will continue to see the gap between supply and demand for small-scale urban housing in Hamburg widen in the future.\u201d<\/p>\n<p>\u200d<\/p>\n<p>With its popula\u00adtion of almost 2 million residents, Hamburg is the second-largest city in Germany, a major trading hub for goods from around the globe, and home to numerous national and inter\u00adna\u00adtional compa\u00adnies. As a result, the Hanseatic city attracts workers and students from all over the world. More than 116,000 students are pursing degree-granting studies at 20 higher educa\u00adtion insti\u00adtu\u00adtions and univer\u00adsi\u00adties. Around 43,000 students are enrolled at the Univer\u00adsity of Hamburg alone, one of the largest univer\u00adsi\u00adties in Germany.<\/p>\n<p>\u200d<\/p>\n<p>The district of Hammer\u00adbrook counts among the most important business locations in Hamburg. About 800 compa\u00adnies have their regis\u00adtered offices here. Once a working-class neigh\u00adbour\u00adhood, Hammer\u00adbrook is known for its water\u00adways, inclu\u00adding canals, a flood basin and the small River Bille, and for its vibrant cultural scene.<\/p>\n<p>\u200d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inter\u00adna\u00adtional Campus Group (IC) has signed a purchase and sale agree\u00adment for a planned apart\u00adment scheme to be developed on Wenden\u00adstrasse in Hamburg\u2019s Hammer\u00adbrook district. The apart\u00adment scheme, with its recog\u00adnisable brick fa\u00e7ade, will consist of two separate parts of around 24,000 sqm GFA for about 700 apart\u00adments.<\/p>\n","protected":false},"author":1,"featured_media":1063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts\/1614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/comments?post=1614"}],"version-history":[{"count":0,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts\/1614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/media\/1063"}],"wp:attachment":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/media?parent=1614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/categories?post=1614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/tags?post=1614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}